International Association Of Machinists & Aerospace Workers is located in Oak Ridge, TN. The organization was established in 1962. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. International Association Of Machinists & Aerospace Workers is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2022, International Association Of Machinists & Aerospace Workers generated $74.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $97.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
BETTERMENT OF WAGES, HOURS AND WORKING CONDITIONS OF REPRESENTED MEMBERS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Cox Secretary Treasurer | 1 | $7,910 | |
Steve Passmore President | 1 | $75 | |
Clark Thomas Trustee | 1 | $142 | |
Dan Rowland Trustree | 1 | $922 | |
Mike Tarver Conductor | 1 | $333 | |
Mike Vanosdale Conductor | 1 | $567 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $73,780 |
| Investment income | $705 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5,865 |
| Total Revenue | $74,675 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $44,603 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $13,005 |
| Printing, publications, postage, and shipping | $590 |
| Other expenses | $39,495 |
| Total expenses | $97,693 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $168,203 |
| Other assets | $0 |
| Total assets | $362,649 |
| Total liabilities | $0 |
| Net assets or fund balances | $362,649 |